Category: Economy

Nigeria Targets $1.2b Export Capacity For States
November 23, 2021 No Responses

Nigeria Targets $1.2b Export Capacity For States

The National Action Committee, African Continental Free Trade Agreement (AfCFTA) has emphasised the need to cascade down its activities to the subnational level with state governments playing a major role.  Secretary of the committee, Mr Francis Anatogu, said this on...
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FG Disburses N56b To MSMEs
November 23, 2021 No Responses

FG Disburses N56b To MSMEs

The Federal Government has disbursed N56.84 billion to 835,161 beneficiaries under the MSME Survival Fund scheme.  The Permanent Secretary, Ministry of Industry, Trade and Investment, Dr Evelyn Ngige, disclosed this at the opening of the 13th Meeting of t...
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FEC Approves National Development Plan For 2021-2025
November 11, 2021 No Responses

FEC Approves National Development Plan For 2021-2025

The Federal Executive Council(FEC) has approved the National Development Plan(NDP) for 2021 to 2025 to succeed the Economic Recovery and Growth Plan(ERGP) which expired in December, 2020.  Minister of Finance, Budget and National Planning, Zainab Ahmed,&n...
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Cooperative Societies Contribute N1.2tri To GDP
November 10, 2021 No Responses

Cooperative Societies Contribute N1.2tri To GDP

The more than 300,000 registered cooperative societies in the country contribute over N1.2 trillion to Nigeria’s GDP annually.  The declaration was made in Abuja on Wednesday by the Cooperative Rating and Award Society of Nigeria (CRASoN).  Its Pre...
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SEC Nigeria Reiterates Commitment To Green Economy
November 9, 2021 No Responses

SEC Nigeria Reiterates Commitment To Green Economy

The Securities and Exchange Commission (SEC) has stated that it will continue to strive to deliver coordinated and coherent policy advice, capacity building and regulatory support to build the momentum for a green economy.     Green fi...
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AfDB, MTN Sign $0.5m Grant-Agreement
October 21, 2021 No Responses

AfDB, MTN Sign $0.5m Grant-Agreement

The African Development Bank (AfDB) has signed a grant agreement worth $500,000 dollars with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN, for a study on the economic, religious and social factors hampering access to finance by women...
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AfCFTA: NPA Reiterates Support For Intra-African Trade
October 13, 2021 No Responses

AfCFTA: NPA Reiterates Support For Intra-African Trade

By ebosele@hotmail.com  All seaports in Nigeria are being repositioned as efficient and reliable gateways as part of measures to optimise trade interconnectivity with other countries under the African Continental Free Trade Area (AfCFTA) agreement, A...
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FMDQ, DMO, Others Canvass Roadmap For Private Sector Intervention In Infrastructure Development
September 27, 2021 No Responses

FMDQ, DMO, Others Canvass Roadmap For Private Sector Intervention In Infrastructure Development

By ebosele@hotmail.com — Key stakeholders in the finance industry have urged the private sector to support the federal government’s drive to finance the infrastructural deficit in the country.  They spoke at the annual conference/30th anniver...
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Nigeria Approves 12,000 Expatriates’ Quota In Two Years
September 25, 2021 No Responses

Nigeria Approves 12,000 Expatriates’ Quota In Two Years

Between August 2019 and September 2021, the Federal Government granted 12,000 expatriate quota licences to foreigners seeking to work in Nigeria.  Media Adviser to the Minister of Interior, Rauf Aregbesola, Sola Fasure, in a statement issued on Friday, ex...
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FG To Promote Digital Economy
September 23, 2021 No Responses

FG To Promote Digital Economy

The Federal Government has said that it would facilitate the promotion of industrial digital economy, sustainable and inclusive economic development in Nigeria and Africa.  Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning, said this at ...
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Nigeria Exports N41.9b Sesame, N13.7b Cashew In 2021 Q1
September 12, 2021 No Responses

Nigeria Exports N41.9b Sesame, N13.7b Cashew In 2021 Q1

Federation of Agricultural Commodity Association of Nigeria (FACAN) says Nigeria’s agricultural export stood at N127 billion in the first quarter of 2021. The figure, according to the organisation, represents 128 percent increase, compared to N55.8 billion i...
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Enhancing Growth Through Telecommunications Based Research
August 31, 2021 No Responses

Enhancing Growth Through Telecommunications Based Research

Barring any last-minute’s adjustment, the deadline for the submission of responses for proposals on the Telecommunications-Based Research Innovation from Academics in Nigerian Tertiary Institutions expires Tuesday, August 31, 2021.  Under the arrangemen...
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NCC, Others To Increase Nigeria’s GDP‘
August 22, 2021 No Responses

NCC, Others To Increase Nigeria’s GDP‘

The Ministry of Communications and Digital Economy says the Information Communication Technology (ICT) sector will increase its contributions to the country’s revenue, to boost the country’s Gross Domestic Product (GDP). The Minister of Communications and ...
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Nestle Empowers 50 Rural Women In FCT, Targets 300 In Second Phase
August 21, 2021 No Responses

Nestle Empowers 50 Rural Women In FCT, Targets 300 In Second Phase

Nestle Nigeria Plc., on Friday inaugurated a project aimed at empowering rural women in Nigeria to scale up their retail businesses through training, mentorship and grants with Nestle products. Mr Khaled Ramada, Nestle Nigeria’s Commercial Manager, at the ev...
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